Drysdale is a smaller suburb in Victoria within the Greater Geelong local government area (postcode 3222). With a population of 4,976, the suburb has a mature demographic with a median age of 52. Households earn a median income of $66K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Drysdale is $685,000, having declined 4.5% over the past year. Units have a median price of $550,000 (+6.3% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,733.
Drysdale is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 2 rail stations, 29 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Drysdale offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($685K/$875K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved -4.5% year-on-year.
Drysdale is a smaller suburb in Victoria within the Greater Geelong local government area (postcode 3222). With a population of 4,976, the suburb has a mature demographic with a median age of 52. Households earn a median income of $66K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Drysdale is $685,000, having declined 4.5% over the past year. Units have a median price of $550,000 (+6.3% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,733.
Drysdale is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 2 rail stations, 29 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Drysdale offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($685K/$875K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved -4.5% year-on-year.